Meta offers Zuckerberg shares to keep him in California
By The BriefBrief
Meta Platforms said in a securities filing on Wednesday that CEO Mark Zuckerberg will receive a new block of company shares in exchange for agreeing to stay in California for at least eight more years. Meta said the incentive is partly intended to keep him in the state, where voters will decide in November on a temporary tax on billionaires who live there. Meta will create non-voting shares to permit stock sales without diluting his control.
WHO:Meta Platforms
WHAT:Meta agreed to give CEO Mark Zuckerberg a new block of shares in exchange for his commitment to stay in California for at least eight more years.
WHEN:Oct 21, 2026
WHERE:California, USA
WHY:Meta said the financial incentive is partly intended to keep Zuckerberg in California.
How this story developed (showing 3 of 3 earlier reports)
